Harris County, Texas, to price $395 million TANs

By Cristal Cody

Springdale, Ark., June 27 - Harris County, Texas, intends to price $395 million tax anticipation notes in a competitive sale on July 8, according to a sale notice.

The series 2008 notes are due Feb. 26, 2009.

First Southwest Co. is the county's financial adviser.

Proceeds will be used to fund the seasonal general fund cash flow deficit for the current fiscal year ending Feb. 28, 2009 prior to the collection of taxes.

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